Tuesday, June 26, 2018

Force

If I had to pick only one rule for making sustainably successful investment decisions, it would be 'Never be a forced buyer or seller'. Although we create false deadlines and emergencies to inspire action, these are seldom truly genuine if you dig deep. The ability to create space is essential for perspective. Perspective is essential to make decisions that take into account as much information as possible. It widens the frame from false do or die binary options. It gives space to include things that can't be counted. Things that can't be summarised. Things that can't be explained. The best decisions are tiny nudges made with patience, care, and humility. Tiny adds up. Don't force it.

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